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15 April 2024 | 6 replies
I am a 16 year old planning to form an LLC under my parents name in order to qualify for business credit to cover the down payment on my first investment property I will also pair the business credit I am able to qualify for with cash and refinance to pay off the down payment when the interest starts to kick in but I am wondering if when applying for a FHA loan on an investment property if they require income to qualify or if they will accept it because I will be renting and covering the mortgage with the rent and how that all works when qualifying and if this is even possible.
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16 April 2024 | 12 replies
They will see that they are better off staying put then moving on.If they decide to move on, then fine, if the gap is that large you should make up the difference fairly fast.
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15 April 2024 | 7 replies
I don't buy properties off the MLS.
15 April 2024 | 7 replies
Also, feel free to send me a dm and we can chat off the forum as well!
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16 April 2024 | 21 replies
I think you are right in that not just anyone call pull this off.
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16 April 2024 | 12 replies
After including HOA fees, you would net about 630/month based off the info you provided.
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15 April 2024 | 35 replies
Hustle my backside off to find a great deal (usually off-market)2.
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15 April 2024 | 5 replies
Can you actually just create 3 STRs off that unit?
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15 April 2024 | 33 replies
Had a 1/2 time off site manager.
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16 April 2024 | 7 replies
Luckily I am starting out with almost all of those boxes checked off already, however I am considering possibly making the bathroom a little bigger since the shower is at best 30x25" and the toilet is in this little nook that is raised up on a small platform (i'm sure its because the main line to the sewer is on the other side of the house).